@Will Greenlee there is no perfect PM software, unfortunately.We use one of the most flexible, but it has a long learning curve and we'd still like to see many improvements.

For existing properties, you must make substantial improvements (equal to the property’s value, excluding land) within 30 months.Ensure the duplex qualifies as an OZ investment and complies with QOF rules.

If substantial renovations or capital improvements are made in later years, those improvements may qualify for new bonus depreciation.3.

I’m also using a 6% vacancy rate, which brings the net monthly cash flow to about $200 and a CoC return of 13.06%.Summary:I’ve created around $50k in equity (difference between ARV of $200k and total investment of $155k).I’ve got about $10k or $18,385 left in the deal (factoring in closing costs).The cash flow is healthy, and the CoC return is strong, especially as a first-time investor.Questions:Does anything look off or could I improve the numbers?

You can create boards for each property and track updates, tasks, and improvements visually.Property Management Software: Some users also leverage software like Appfolio or Buildium for more comprehensive tracking, though these can come at a cost.It really depends on your preference for simplicity versus more structured systems.

They learn from every loss, improve their process, and move on to the next opportunity.

In Cleveland you could also purchase a property in an area that is improving or on the border of one.

A two bedroom 1,300 sq ft cabin is going to go for way less than a 2 bed, 2,400 sq ft cabin.One of the issues out there too is that some are setup as legal 2 bedroom cabins because of the septic but then they have lofts and such that allow you to rent them out as 3 or even four bedroom cabins to improve the rent.You mentioned one nearby you with a similar layout.

Has the loading or wait times improved?

You’re in a great position with strong equity and minimal debt, but to improve cash flow, consider leveraging strategically.